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Venture Capital | 29 November 2012

Sequoia Capital, Canaan Partners Invest In AdNear

by Charmi Gutka
 
@charmi
Sequoia Capital along with @Canaan_Partners has invested R35 Cr in location-based mobile advertising platform – Adnear.

The funds raised will used for expansion in to Asia-Pacific region and towards growing the team.

Founded in 2008 by Anil Mathews, Adnear provides based mobile advertising that supports both feature phones and smart phones. It is currently serving in India, Singapore, Australia, and other Asia-Pacific countries.

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